Department for Business, Innovation and Skills
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Start-Up Loans launches 1000th young entrepreneur

Start-Up Loans, the £112 million government scheme created to help young people to start their own business, has now supported its 1000th young entrepreneur.

When the Prime Minister announced an extension of the Start-Up Loans initiative in Preston, Lancashire on the 3rd of January this year, 500 businesses had received Start-Up Loans and free mentoring in the last 5 months of 2012. In the first five weeks of 2013 another 500 businesses have been launched.

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